zanardm

The Dollar Is Dead

Europe has dual currencies; why not America? Let the currencies compete to see which one is perceived to be best managed and most valuable. Like any commodity, a more limited supply (i.e. monetary conservative) fosters enhanced value. In other words, let the market place decide. Of course, the portraits would be the same; and at the top of N.A. dollar, one would have Federal Reserve West note.

The Dollar Is Dead

Another currency for America?

An alternative to another world reserve currency, or in addition, would be to introduce a competitive currency for our debased D.C. dollar.
Is the Fed just debasing the currency? Is it time for dual currencies here in America? Perhaps a Fed Reserve West in the heartland, with a N.A. dollar (North American dollar), with tight bank management controls, good IT team, and transparency and accountability, especially when temptation (creating money) is at the door or window. Start the 2 currencies at par. Then let all Americans decide what currency they prefer in transactions, both personal and for business accounting. A more limited supply increases the value of any commodity, including a currency; hence protecting the value of a currency. There is too much money out there idling already; more geenbacks by the Fed is not the solution; too much debt is the problem. Debt city or deleveraging city (D.C.) what's the call - America?

Treasuries and the U.S. Dollar: Twin Bubbles

Bubble's Law: In a deleveraging environment, all bubbles must deflate. Is the last bubble, the treasury bubble?

Wall Street Breakfast: Must-Know News

Appropriation bills start in the House; not in the Senate. The House has already voted on a bailout of hedge funds/Wall st. Why should the House consider constructing a new bailout bill? Credit tightness is handled by central banks; not by bailouts. Why wouldn't hedge funds unload toxic high risk debt to other firms, and then to the U.S. tax payer? National debt is at $15 trillion currently and dollar is at -30% compared to all other major currencies. So a we pay a 30% premium on oil. Let the markets mark to market to give a current value to any underlying actual assets. Also the House doesn't take orders from the Senate. The House has already voted and done it's work; House adjoined.

Wall Street Breakfast: Must-Know News

Does anyone want a bailout of Hedge funds? Totally unregulated - you know why. So they can all be bankrupt; but will find out at a pro forma mark to market once a year maybe. Hedge can cleverly unload and toxic holdings such as mortgage backed bonds etc. to another more open firm, which then can unload such holdings to the gov, which are marked to market once a year maybe. Hedge can cleverly unload and toxic holdings such as mortgage backed bonds etc. to another more open firm, which then can unload such holdings to the gov. Also introduce dual currencies, such as eurodollar for currency and accounting. Not so different from American firms in the City in London? Hence competition, wherein we trust the stability of eurodollar more than what the politicians have done to our and of as currency and accounting. Not so different from American firms in the City in London? Hence competition, wherein we trust the stability of the eurodollar more than what the politicians have done to our currency (-30%), which results in a 30% premium on our number one import, oil. We must have less government spending, in order to restore confidence in our currency and bonds, for a debtor nation. Nice work House.

Wall Street Breakfast: Must-Know News

From above:
Hedge fund hemorrhage. The $2T global hedge fund industry will shrink sharply as leverage becomes scarcer and more expensive, the world's largest hedge fund allocator says. 33-40% of funds may go dry, with arbitrage funds - which rely heavily on leverage - hardest hit. "I would not be surprised if, 12-18 months down the line, the $2T had become $1.5T," Christophe Bernard says. "There are too many weak players." 350 funds shuttered in H1, vs. 563 in all of 2007. "Darwinism is survival of the most adaptable. Those that can change to meet the current circumstances will do well and those that can't will go to the wall."
course every one gets a markup, accept for us. Just say know to bailing out hedge funds and their associates. Also long term consider dual currencies like in Europe; that is, eurodollar as well as greenback Does anyone want a bailout of Hedge funds? Totally unregulated - you know why. So they can all be bankrupt; but will find out at a pro forma mark to market once a year maybe. Hedge can cleverly unload and toxic holdings such as mortgage backed bonds etc. to another more open firm, which then can unload such holdings to the gov. Also introduce dual currencies, such as eurodollar for currency and accounting. Not so different from American firms in the City in London? Hence competition, wherein we trust the stability of the eurodollar more than what the politicians have done to our currency (-30%), which results in a 30% premium on our number one import, oil. We must have less government spending, in order to restore confidence in our currency and bonds, for a debtor nation. Nice work House.